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Everyday money: India.

A take-home sheet for people at the session. Other countries: United States · United Kingdom · Canada · Australia · New Zealand · Philippines.

Moraph for Good · Fluent

Everyday money: India

Handout · moraph.org/commons/sessions/fluent/everyday-money

This sheet goes with the Everyday money session. It is general information, not advice about your own situation.

A budget that survives a real month

  • Write down what comes in and the date it arrives.
  • List the bills that can’t move, next to their due dates, and match each to a payday.
  • Add up the costs that don’t come every month, divide by 12, and set that aside monthly.
  • Check once a week, so a bad week can be fixed before the month is lost.

When income goes up and down

  • Plan on a lower month, not an average one.
  • Keep a holding pot and pay yourself a steady amount from it.
  • Pay housing, power, food and getting to work first, and call before you miss a payment.

Starting an emergency fund

  • Start small and make it automatic on payday.
  • Keep it separate from everyday spending, somewhere protected.
  • Use it for real emergencies, then refill it.

If the month doesn’t add up

  • Free, confidential help with bills and debt exists; see below.
  • Nobody needs to charge you to deal with your creditors or apply for help.
  • Ask companies about hardship plans before you fall behind.

In India

  • Free materials from the RBI. The Reserve Bank of India publishes financial literacy material in 13 languages for banks and others to download and use. Its FAME booklet has institution- and product-neutral messages on money skills, basic banking, digital finance and consumer protection.
  • Make a budget. The RBI’s Financial Literacy Week poster says to earmark part of your income for regular expenses and set aside a portion for future needs. It says the habit of saving protects you from financial difficulties.
  • Free financial literacy camps. Centres for Financial Literacy, set up by NGOs with sponsor banks, and Financial Literacy Centres, set up by each district’s lead bank, run camps free of charge. The RBI lists the centres near you.
  • Insured deposits. The DICGC insures savings, fixed, current and recurring deposits up to ₹5 lakh per depositor at each bank, principal and interest together. All commercial banks, regional rural banks and co-operative banks are covered; deposits with NBFCs and primary co-operative societies are not.

Official places to check:

  • Reserve Bank of India: www.rbi.org.in/FinancialEducation/Home.aspx
  • Reserve Bank of India: www.rbi.org.in/FinancialEducation/fame.aspx
  • Reserve Bank of India: www.rbi.org.in/FinancialEducation/FLW2023/ENGLISH/RBI%20FL%20Week%20Poster_English_Savings_Budget.pdf
  • Reserve Bank of India: www.rbi.org.in/FinancialEducation/FLCs_CFLs_Details.aspx
  • Deposit Insurance and Credit Guarantee Corporation: www.dicgc.org.in/guide-to-deposit-insurance

More free official help in India: moraph.org/commons/help/financial-literacy/in

General information, not advice about your own situation. Checked 20 October 2026. If an official source says something different, it is right. Free to copy and adapt. moraph.org/commons/sessions/fluent/everyday-money